1x2 Odds Explained
1X2, otherwise known as Result bets, can end in one of three possible ways. Either the Home team wins, the Away team wins, or the match ends in a Draw. Double Chance allows you to pick any two of these as the winning condition for the bet. Obviously, this comes at a price of dramatically reducing the odds. How the odds are affected depends on.
- BETTING ODDS EXPLAINED. There are certain things a good punter has to master. Actually the list is quite long as sports betting is a very serious occupation, but some points are just of crucial importance. Probably the most essential of them is to understand the odds.
- We’ll have 1×2 betting explained with example of a 1X2 bet with fractional odds: 1 – Liverpool 8/11; X – Draw 11/4; 2 – Chelsea 3/2; Some people find fractional odds quite complicated, but the way they work is actually fairly simple. The number on the left of the fraction is the figure you’ll win if.
- We’ve explained betting odds, but what markets are these set on? As the US sports betting industry continues to grow, so does the selection betting options, or betting markets, at each site. Odds will vary between these markets, and even between the same markets at different sports betting sites.
1×2 betting
A 1×2 bet is the most common and simplest bet made in sports betting. In this type of bet, you will wager on one of three possible outcomes. The outcomes you can wager on are home win, draw or away win. It is a very simple way to bet on football or any other sport. But if you are not familiar with the terminology, it can be difficult grasp. Some websites or bet shops may have a different name for the 1×2 bet. The bet could be called a full-time result bet, match betting or three-way bet.
How does the 1×2 bet work?
The 1×2 bet is very simple. You can only select one of three possible outcomes to a match: a home win, draw or away win. For example, Manchester United play Liverpool at Old Trafford in the Premier League. You wager £10 on the home team (Manchester United) to win. The Red Devils are successful in beating Liverpool, which means your bet wins. If any other outcome had occurred (i.e. a Liverpool win or draw) then your bet would have lost.
Let us look more closely at this example. Some coupons or websites may look like this:
Manchester United vs. Liverpool: 1×2
In this example, the 1 represents a home win, the x represents a draw and the 2 is for the away win.
Football uses the 1×2 bet regularly. However, there are other sports that also use the bet.
The Double chance bet
The double chance bet takes the 1×2 bet and adds a twist to it. You can select either a home win or draw, an away win or draw, or a home win or away win outcome. Does it sound confusing?.
In this bet, you have three possible outcomes. Let us look at an example.
Manchester United vs. Liverpool
Outcomes:
- Manchester United win or draw
- Liverpool win or draw
- Manchester United win or Liverpool win
The double chance bet gives you two chances of winning. However, the biggest difference is the odds will be lower than the traditional 1×2 bet.
In our example, you wager £10 on Manchester United home win or draw. The match ends in a 3-3 goal-fest. Manchester United did not win, but that doesn't mean you lost the bet. Because you selected a Manchester United win or draw, that means you still win the bet. By choosing this bet, you covered two of the possible outcomes. The only outcome not covered was a Liverpool win.
Now that you know more about the 1×2 bet, have a punt on a football match with your favourite sportsbook. You will probably find most of your bets are wagered using the 1×2 bet.
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read more +1X2 betting is also known as three-way betting, and simply refers to betting on a home win, a draw or an away win. This is typically what you used to find on betting coupons when visiting a good old fashioned UK betting shop. The 1 marks the home win, the X marks the draw and the 2 marks the away win. To illustrate I would like to point to another popular form of betting. Asian handicap lines for instance consists of only two outcomes. The bookmaker attempts to make the line as even as possible utilizing handicaps. In their 1X2 betting, the bookmakers do not seek to even out any difference in class between the listed teams or players for that bet. 1X2 betting lines simply aim to reflect the true odds of every possible outcome minus the bookmaker’s hold.
1X2 betting example
You have found a game you want to bet on. It happens to be Premier League betting that is on your plate for this evening. Aston Villa – Newcastle is the Monday night game and you are planning to meet up with your mates at the pub. On the way you go by the betting shop and look up the match in their betting offer. The home win (1) is priced at 2.55. The draw is priced at 3.30 and the away win is 2.85. If you choose to bet on Villa you have made a 1 bet. If you bet the draw you went for X, and if you went for Newcastle you bet on 2.
What markets are 1X2 used for?
Bookmakers use 1X2 betting pretty much for every market where three outcomes are possible. It is also used in European handicap betting lines where a draw is still possible. A European handicap would typically be when one team is given a one goal head start, but the option of a draw is still possible on the betting coupon. Most bookmakers in Europe prefer 1x2 lines over the above mentioned asian lines. Why? Simply because they make more money. Very few punters pick the draw, and those so value oriented that they do, often get limited in terms of how much they can stake on such a bet. On top of that, the bookmakers often are smart enough to keep the draw odds closer to the true odds, and deduct more of their juice from the 1 and 2. So most of the time the draw comes around the bookmakers can high five. On top of that, at least until recently the bookmakers have been able to deduct more from the true odds in their offerings on the 1x2 lines than what we punters prefer. There is heavy competition in the market these days though, so with some shopping around, one can get pretty good lines though.
Howtobet.net 1X2 Predictions and Tips
1x2 Odds Explained Calculator
Howtobet.net analyses hundreds and hundreds of betting events on a monthly basis. The idea is to give you a solid platform when you are picking your bets. Hopefully over time we can help you win money, or at the very least save you big losses. You can find all our betting predictions and betting tips here: Howtobet.net predictions and tips
What bookmakers to choose
Be sure to select trusted, solid bookmakers for your betting. In the jungle of bookmakers very few will stand the test of time. The betting market is becoming more and more regulated, and the competition is fierce. Putting your money with the wrong bookmaker can end up with your bankroll going from hero to zero in no time. Here are two bookmakers we are fairly confident will be around for a very long time to come. Be sure to have an account there!
1x2 Odds Explained Meaning
1. BET 365: The obvious choice is BET365. They got a massive list of bets available, and offer a very generous 100% deposit bonus as well. If you like to bet big, this is also one of few EU licensed bookmakers where they still will take a fair bit of action. Try out BET365? You should, they are the gold standard in Europe. If you are not. You are really giving money away. Test them hereTake me to Bet365
2. : Another relatively player friendly bookmaker is Unibet. By gamblers. For gamblers has been their punch line for years. They do limit faster though, so for value only-punters this is not the best destination. But, if you are looking for good bonuses. A good selection. More than decent odds, and a high degree of fairness. This is something you can try out. Do click here if you would like to test Unibet.
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